The Karl Simich-chaired investment company GoldLink IncomePlus has proposed to buy 10 per cent of shares in Subiaco-based Indago Resources as part of a bid to replace the board with its own nominees.
Premier Colin Barnett says no agreement has been reached with BHP Billiton chief executive Marius Kloppers on the issue of royalties post a proposed Pilbara iron ore merger with Rio Tinto following an hour-and-a-half long meeting today.
Coote Industrial plans to sell its subsidiary, South Spur Logistics, in a bid to simplify its business model following a number of acquisitions and efforts to reduce its debt burden.
An estimated $800 million will be needed to eliminate overdue maintenance on the state's deteriorating road network, according to an auditor general's report tabled in parliament today.
Two more ex-Jubilee Mines executives have joined Nedlands-based Talisman Mining with Peter Langworthy and Brian Dawes today appointed executive directors.
Two of the nation's leading housing associations along with 30 suppliers and builders have today launched a campaign in Western Australia, encouraging potential home buyers to build.
Shares in Rio Tinto have slumped as much as 23 per cent in trade today, as the miner launches its $US15.2 billion ($A19 billion) rights issue, one of the world's biggest capital raisings.
Buru Energy has confirmed a takeover proposal by chairman Eric Streitberg, through private vehicle Arenite, has been terminated due to third parties withholding approval.
Premier Colin Barnett has defied lobbying by independent supermarket owners by announcing today that he would introduce a bill paving the way for retail trading hours to be extended to 9pm on weeknights.
Delays in receiving environmental approval for the $1.8 billion Karara iron ore joint venture have prompted Gindalbie Metals to make redundant 24 employees.
Premier Colin Barnett says the government will consider looking at stamp duty legislation as he prepares to meet with BHP Billiton boss Marius Kloppers tomorrow over the Pilbara merger with Rio Tinto.
The Rudd government will tomorrow introduce legislation to introduce a tough new cop on the beat for the building industry which will place it at odds with unions.
The next 12 months will be a critical time for building contractors in Perth as latest research shows commercial sub-contractors cut costs by 3.7 per cent in the March quarter
Shares in Perth-based explorer Buru Energy have been placed in a trading halt amid speculation that a $41 million cash takeover proposal by its chairman, using the company's cash reserves, may be dropped.
Avoca Resources says takeover target Dioro Exploration needs a "reality check" over the high valuation of its shares which is around 180 per cent higher than the company's current share price.
Banks take CBA lead on raising home loan rates; Asciano buys lifeline with last-minute capital raising; Aluminium up on China demand; Barnett opens door to gas reserve changes; James Hardie has eye on Irish base
Private equity fund Harmony Capital has moved to full ownership of the state's largest meatworks, Harvey Beef, after buying out partners Elders and Stark Investments.
Local government councils in the Wheatbelt may stop issuing permits for operators of larger grain trucks as the deadline for the state government to commit an initial $45 million to upgrade rail lines for grain transport passes.
Gunson Resources will build its processing plant for the Coburn zircon project in Western Australia instead of China as it selects Intermet Engineering as its preferred engineering contractor.
VDM Group expects to book an operating loss for the 2009 financial year as current business conditions result in a write off of goodwill by up to $85 million.
Mines and Petroleum Minister Norman Moore has rejected calls for a federal inquiry into the state's mining industry following an incident at BHP Billiton's Leinster mine site this week.
Mid West iron ore hopefuls Gindalbie Metals and Asia Iron are not concerned by a cap on export volumes through Geraldton port, saying the limit only comes into place once the nearby Oakajee port is ready.
